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HomeNewsOpinionWhat the July IIP numbers say about consumption, capex

What the July IIP numbers say about consumption, capex

Manas Chakravarty   •

Consumer durables production was up a strong 8.21 percent, but the output of consumer non-durables was lower by 4.36 percent from a year ago

Capital goods production in July was up a very strong 12.05 percent year-on-year, while the index of infrastructure/construction goods went up by 4.93 percent (Representative image)

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